Gas
Equinor Profits Triple as Oil and Gas Prices Surge
CEII brief
OilPrice.com reported on 28 Oct 2026: Equinor Profits Triple as Oil and Gas Prices Surge.
Read the full story on OilPrice.comEquinor tripled its adjusted net income for the third quarter from a year earlier, on the back of strong refining margins, high oil and natural gas prices, and increased hydrocarbon production.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
